Chongqing Fuling Electric Power Industrial Co., Ltd. (SHA:600452)

SHA:600452 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	3,114	3,439	3,559	3,144	2,654
Other Revenue	2.71	3.23	3.11	1.19	0.33
Revenue	3,117	3,442	3,562	3,146	2,654
Revenue Growth (YoY)	-9.46%	-3.36%	13.25%	18.50%	1.24%
Selling, General & Admin	121.84	122.53	133.84	127.54	94.54
Provision for Bad Debts	-51.61	14.29	27.96	35	12.15
Other Operating Expenses	2,488	2,725	2,769	2,433	2,112
Total Operating Expenses	2,558	2,863	2,931	2,596	2,218
Operating Income	558.54	578.96	631.51	549.77	435.95
Interest Expense	-0.82	-4.92	-10.99	-45.52	-51.45
Interest Income	40.85	33.33	27.15	38.48	0.7
Net Interest Expense	40.03	28.4	16.16	-7.04	-50.75
Income (Loss) on Equity Investments	4.55	3.38	-	-	19.89
Other Non-Operating Income (Expenses)	-0.31	-1.16	-2.23	-0.71	-0.18
EBT Excluding Unusual Items	602.82	609.58	645.44	542.03	404.92
Gain (Loss) on Sale of Investments	-	-	-	-8.36	3.08
Gain (Loss) on Sale of Assets	3.54	-0.56	-3.55	1.05	19.16
Other Unusual Items	8.7	10.09	35.33	6.54	4.32
Pretax Income	615.06	619.11	677.22	541.24	431.47
Income Tax Expense	100.61	93.76	64.58	35.39	30.69
Net Income	514.46	525.35	612.65	505.86	400.78
Net Income to Common	514.46	525.35	612.65	505.86	400.78
Net Income Growth	-2.07%	-14.25%	21.11%	26.22%	1.02%
Shares Outstanding (Basic)	1,559	1,545	1,532	1,545	1,243
Shares Outstanding (Diluted)	1,559	1,545	1,532	1,545	1,243
Shares Change (YoY)	0.89%	0.88%	-0.87%	24.29%	-0.07%
EPS (Basic)	0.33	0.34	0.40	0.33	0.32
EPS (Diluted)	0.33	0.34	0.40	0.33	0.32
EPS Growth	-2.94%	-15.00%	22.18%	1.55%	1.10%
Free Cash Flow	714.78	525.45	1,159	-351.1	564.84
Free Cash Flow Per Share	0.46	0.34	0.76	-0.23	0.45
Dividend Per Share	0.105	0.104	0.107	0.079	0.078
Dividend Growth	1.35%	-3.36%	35.18%	1.80%	40.11%
Profit Margin	16.51%	15.26%	17.20%	16.08%	15.10%
Free Cash Flow Margin	22.93%	15.26%	32.55%	-11.16%	21.28%
EBITDA	1,348	1,574	1,677	1,559	1,246
EBITDA Margin	43.25%	45.73%	47.06%	49.58%	46.94%
D&A For EBITDA	789.45	995.37	1,045	1,010	810.03
EBIT	558.54	578.96	631.51	549.77	435.95
EBIT Margin	17.92%	16.82%	17.73%	17.48%	16.42%
Effective Tax Rate	16.36%	15.14%	9.54%	6.54%	7.11%

Source: S&P Global Market Intelligence. Utility template. Financial Sources.